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    TOM2   NL0013332471

TOMTOM NV

(TOM2)
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Real-time Euronext Amsterdam  -  11:35:12 2023-01-27 am EST
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TomTom : N.V., - Stellantis Awards New Global Navigation Deal to TomTom?

11/07/2022 | 03:42am EST

Stellantis Awards New Global Navigation Deal to TomTom

Amsterdam, Netherlands, 7 November 2022, 07:30 CET, TomTom (TOM2), the geolocation technology specialist, today announced that it has been awarded a new global deal to provide its maps, navigation software, and connected services such as real-timetraffic information to STLA SmartCockpit, Stellantis' next-generationdigital cockpit platform to arrive in 2024. Furthermore, existing Stellantis platforms will continue to be powered by TomTom's navigation solutions.

This press release is published by TomTom N.V. and contains inside information within the meaning of article 7 (1) to (4) of the Market Abuse Regulation (Regulation (EU) No 596/2014). 

About TomTom:

Billions of data points. Millions of sources. Hundreds of communities.

We are the mapmaker bringing it all together to build the world's smartest map. We provide location data and technology to drivers, carmakers, businesses, and developers. Our application-ready maps, routing, real-time traffic, APIs and SDKs enable the dreamers and doers to shape the future of mobility.

Headquartered in Amsterdam with 4,000 employees around the globe, TomTom has been helping people find their way in the world for over 30 years.

www.tomtom.com

For further information:

Media Relations

mediarelations@tomtom.com

Investor Relations

ir@tomtom.com

Disclaimer

TomTom NV published this content on 07 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 November 2022 08:41:02 UTC.


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Financials
Sales 2022 517 M 561 M 561 M
Net income 2022 -98,0 M -106 M -106 M
Net cash 2022 221 M 240 M 240 M
P/E ratio 2022 -8,05x
Yield 2022 -
Capitalization 855 M 928 M 928 M
EV / Sales 2022 1,23x
EV / Sales 2023 1,22x
Nbr of Employees 4 424
Free-Float 46,9%
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Mean consensus BUY
Number of Analysts 3
Last Close Price 6,68 €
Average target price 9,33 €
Spread / Average Target 39,8%
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Managers and Directors
Harold Goddijn Chief Executive Officer
Taco Titulaer Chief Financial Officer
Derk Johan Haank Chairman-Supervisory Board
Eric Bowman Chief Technical Officer
Jack P. de Kreij Member-Supervisory Board
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